551 Shares in Talen Energy Corporation (NASDAQ:TLN) Purchased by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV purchased a new stake in shares of Talen Energy Corporation (NASDAQ:TLN) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 551 shares of the utilities provider’s stock, valued at approximately $111,000.

Other institutional investors have also recently made changes to their positions in the company. Ninepoint Partners LP bought a new stake in shares of Talen Energy in the fourth quarter worth $1,350,000. Commonwealth Equity Services LLC bought a new stake in shares of Talen Energy during the 4th quarter valued at about $201,000. Swiss National Bank purchased a new stake in shares of Talen Energy during the 4th quarter valued at about $14,143,000. Kayne Anderson Capital Advisors LP purchased a new stake in shares of Talen Energy during the 4th quarter valued at about $4,473,000. Finally, PFG Advisors purchased a new position in shares of Talen Energy in the fourth quarter worth approximately $376,000. Hedge funds and other institutional investors own 0.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on TLN shares. Oppenheimer upped their target price on shares of Talen Energy from $225.00 to $250.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Bank of America assumed coverage on Talen Energy in a report on Monday, February 3rd. They issued a “buy” rating and a $253.00 target price on the stock. Morgan Stanley began coverage on Talen Energy in a report on Wednesday, March 12th. They set an “overweight” rating and a $243.00 price target for the company. UBS Group raised their price objective on Talen Energy from $242.00 to $269.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. Finally, Evercore ISI assumed coverage on shares of Talen Energy in a report on Friday, February 21st. They issued an “outperform” rating for the company. Twelve equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $241.36.

Talen Energy Price Performance

TLN stock opened at $212.96 on Friday. The company has a market capitalization of $9.79 billion, a PE ratio of 11.40, a price-to-earnings-growth ratio of 2.70 and a beta of 2.00. The company’s fifty day moving average price is $219.21 and its 200-day moving average price is $187.02. Talen Energy Corporation has a one year low of $98.50 and a one year high of $258.03. The company has a debt-to-equity ratio of 1.07, a quick ratio of 3.37 and a current ratio of 4.10.

About Talen Energy

Talen Energy Corporation is a U.S.-based energy and power generation company. The Company owns or controls approximately 16,000 megawatts of capacity in wholesale power markets, principally in the Northeast, Mid-Atlantic and Southwest regions of the United States. The Company generates and sells electricity, capacity and related products from power plants that use fuel sources, such as nuclear, natural gas and coal.